Oman: Domestic credit to the private sector

The latest value from 2019 is 65.14 percent, an increase from 61.07 percent in 2018. In comparison, the world average is 54.94 percent, based on data from 162 countries. Historically, the average for Oman from 1972 to 2019 is 30.52 percent. The minimum value, 4.7 percent, was reached in 1972 while the maximum of 66.67 percent was recorded in 2016. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.